Solve.The annual depreciation rate r (0 < r < 1) of a car purchased for P dollars and worth A dollars after t years can be modeled by the following formula: Find the depreciation rate of a car that is purchased for $31,000 and is sold 4 years later for $14,000. Express your answer as a percentage, and round the answer to the nearest whole percentage.

A. -18%
B. 18%
C. 82%
D. -82%


Answer: B

Mathematics

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